The storied firm behind the Sequoia Fund, born of Bill Ruane's Buffett lineage — a concentrated quality-value book.
| # | Holding | Our call | % of book | Value | Shares | QoQ |
|---|---|---|---|---|---|---|
| 1 | GOOGL | Buy | 10.1% | $609M | 2.12M | Trimmed-3% |
| 2 | FWONK | Hold | 7.6% | $455M | 5.36M | Trimmed-2% |
| 3 | SCHW | Buy | 7.4% | $443M | 4.71M | Trimmed-16% |
| 4 | ICE | Buy | 6.9% | $415M | 2.64M | Trimmed-2% |
| 5 | TSM | — | 6.8% | $408M | 1.21M | Trimmed-15% |
| 6 | ELV | Hold | 6.7% | $406M | 1.39M | Trimmed-2% |
| 7 | COF | Buy | 6.1% | $368M | 2.02M | Trimmed-2% |
| 8 | SUNB | Hold | 5.9% | $357M | 5.49M | NEW |
| 9 | MSA | Buy | 4.8% | $291M | 1.78M | Trimmed-2% |
| 10 | ZTS | Buy | 4.8% | $287M | 2.43M | NEW |
| 11 | GOOG | Buy | 4.5% | $273M | 950K | Trimmed-17% |
| 12 | ALGN | Sell | 3.4% | $207M | 1.21M | Trimmed-1% |
| 13 | UNH | Sell | 3.3% | $197M | 728K | Trimmed-2% |
| 14 | ACN | Buy | 3.1% | $184M | 928K | Trimmed-2% |
| 15 | ICLR | — | 3.0% | $181M | 1.63M | Trimmed-3% |
| 16 | TECH | Hold | 2.9% | $177M | 3.39M | Added+131% |
| 17 | BRKB | — | 2.5% | $149M | 310K | Trimmed-2% |
| 18 | SAP | — | 2.1% | $128M | 750K | Added+1533% |
| 19 | META | Buy | 1.9% | $115M | 201K | Trimmed-16% |
| 20 | BERKSHIRE HATHAWAY INC DEL | — | 1.3% | $79.0M | 110.00 | Trimmed-4% |
| 21 | CACC | Hold | 1.0% | $61.9M | 146K | Trimmed-73% |
| 22 | LBRDK | — | 1.0% | $58.5M | 1.16M | Trimmed-37% |
| 23 | FWONA | Hold | 0.9% | $56.5M | 724K | Trimmed-2% |
| 24 | AMTM | Hold | 0.7% | $42.3M | 1.62M | Trimmed-32% |
| 25 | CHTR | Buy | 0.5% | $32.9M | 153K | Trimmed-58% |
| 26 | GLIBK | — | 0.3% | $18.9M | 507K | Trimmed-6% |
| 27 | LBRDA | — | 0.2% | $11.2M | 224K | Trimmed-66% |
| 28 | GCI LIBERTY INC | — | 0.1% | $4.70M | 128K | Trimmed-3% |
| 29 | EQH | Hold | 0.0% | $1.50M | 40.5K | — |
| 30 | GPI | — | 0.0% | $1.33M | 4.01K | Added+11% |
| 31 | VTI | — | 0.0% | $882K | 2.75K | Added+3% |
| 32 | J | Buy | 0.0% | $800K | 6.29K | Trimmed-3% |
| 33 | NFLX | Buy | 0.0% | $778K | 8.09K | Added+55% |
| 34 | LAD | Buy | 0.0% | $746K | 2.99K | Trimmed-2% |
| 35 | MU | Sell | 0.0% | $730K | 2.16K | — |
| 36 | GLOBUS MED INC | — | 0.0% | $518K | 6.01K | NEW |
| 37 | VXUS | — | 0.0% | $456K | 5.91K | Added+9% |
| 38 | KSPI | — | 0.0% | $302K | 4.08K | — |
| 39 | CPA | — | 0.0% | $290K | 2.56K | — |
| 40 | AXP | Buy | 0.0% | $282K | 932.00 | — |
| 41 | MSFT | Buy | 0.0% | $273K | 737.00 | Added+7% |
| 42 | DG | Buy | 0.0% | $260K | 2.19K | — |
| 43 | AAPL | Hold | 0.0% | $244K | 961.00 | Added+8% |
| 44 | FERG | Hold | 0.0% | $233K | 1.00K | — |
| 45 | SBGI | — | 0.0% | $232K | 18.0K | — |
| 46 | SPGI | Buy | 0.0% | $226K | 531.00 | — |
| 47 | SDHC | — | 0.0% | $185K | 14.5K | Added+19% |
| 48 | STLA | — | 0.0% | $178K | 25.1K | Trimmed-2% |
| 49 | ATAI | — | 0.0% | $149K | 42.1K | NEW |
| 50 | RMNI | — | 0.0% | $116K | 35.3K | Trimmed-5% |
Source: SEC Form 13F-HR. Positions are as-of quarter end (filed up to 45 days later) and cover US-listed equities only — shorts, non-US listings and most derivatives don’t appear. Values as reported by the filer. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.